Bank of America

Jul 18, 2023

Bank of America net income jumps 19%, extending the rally for big banks

Bank of America said its profits grew 19% in its most recent quarter, the latest of the big banks to see its bottom line boosted by higher interest rates. The […]

Apr 18, 2023

Bank of America profits grow 15%, avoids industry crisis

NEW YORK (AP) — Bank of America said its profits grew 15% last quarter, the latest of the big banks to do exceptionally well this earnings season as investors and […]

Apr 11, 2019

Gen Z Got the Memo: Owning a Home Is Worth It

The youngest generation of homebuyers is not dragging their feet. According to Bank of America’s Homebuyer Insights Report, 59 percent of prospective homebuyers between the ages of 18 and 23 […]

Jan 26, 2017

Bank of America renews 194,000 SF lease at 525 North Tryon

Bank of America’s facilities at 525 North Tryon St. in Uptown will remain right where they are for 2017. The banking giant has renewed it’s lease for 194,000 square feet […]

Jan 20, 2017

BERKO: Investing in banks

Dear Mr. Berko: The three bank stocks — Bank of America, Citigroup and BB&T — I’ve owned since September 2014 had disappointing results at first. My stockbroker nearly persuaded me […]

Aug 10, 2016

BERKO: BofA appears to be turning the corner

DEAR MR. BERKO: My stockbroker wants me to buy 200 shares of Bank of America for my individual retirement account and keep them for the long term. I read your […]

Jul 18, 2016

Bank of America profits fall 20 percent, hurt by low rates

NEW YORK (AP) — Bank of America’s earnings fell 20 percent in the second quarter, the bank said Monday, as historically low interest rates make it less profitable to make […]

May 23, 2016

Appeals court reverses fraud finding against Bank of America

NEW YORK (AP) — A federal appeals court has reversed a jury’s finding that Bank of America Corp. was liable for fraud for its actions before the economy collapsed in […]

Apr 14, 2016

Bank of America misses Street 1Q forecasts

CHARLOTTE, N.C. (AP) _ Bank of America Corp. (BAC) on Thursday reported first-quarter profit of $2.68 billion. The bank, based in Charlotte, North Carolina, said it had earnings of 21 cents […]

Apr 14, 2016

Bank of America profit drops 18 percent on weak trading unit

NEW YORK (AP) — Bank of America’s first-quarter profit fell more than 18 percent from a year earlier, hurt by weak performance in its global trading unit. The bank reported […]

Jan 27, 2016

BofA Plaza to undergo makeover

The Bank of America Plaza, one of Charlotte’s earliest symbols of Uptown renewal, is set to receive a $20 million makeover that will include expanding and renovating the main lobby […]

Jan 19, 2016

Bank of America profit grows, but says growth is a struggle

NEW YORK (AP) — Bank of America reported higher profits on better performance in consumer banking and lower costs, but the bank acknowledged that it is struggling to increase revenue […]

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